Morning Ag Markets – Matt Hines
Date: March 6, 2024 Turnaround Tuesday with cattle futures higher after cautious trading on Monday and all grains lower after decent gains to start the week. Cash fed cattle trade so far this week only very light volume reported in IA at $183 live, steady with last week. Cash hogs and pork prices collapsed yesterday pressuring lean hog futures lower. Feeders and calves continue to show strength as we get closer to spring and green grass. Choice boxed beef now comfortably over the $300 level for over a week. Outside markets were not helpful on Tuesday with energies steady to lower and equities sharply lower. Kingsville Livestock Auction - Kingsville, MO Livestock Weighted Average Report for 3/5/2024 - Final This Week: 2,627 Last Week: 2,781…